This 4-day course prepares aspiring professionals for the PMI® Risk Management Professional (PMI-RMP) ® certification exam. This course offers an in-depth look at risk management through a PMI® perspective, and is delivered in a combination of subject matter review and hands-on learning. Participants will receive a comprehensive introduction to project risk and cover the four primary exam objectives of Risk Communication, Risk Analysis, Risk Response Planning, and Risk Governance.

Who should attend?

This course will benefit anyone interested in learning the fundamentals of managing project risk, and will focus on those preparing for the PMI-RMP® certification exam.

Learning Outcome:

At the end of the course, participants will learn:

Risk-related concepts from the PMI®’s perspective

A solid framework for project risk management

Essential information to prepare for the PMI-RMP® certification exam

Course Outline:

Overview and Risk Management Fundamentals

Project Success and Failure reasons

Different types of risk

Categorizing the risk

Understanding the project

Project Life Cycle

Plan Risk Management

Risk Management Plan Contents

Create Risk Management Plan

Strategies for positive risk

Strategies for negative risk

Strategies for positive and negative risk

Change Management

Outsourcing the risk

Monitoring and controlling the risk

EVM for risk analysis

Communication and Leadership

Building a Communication Foundation

General Management and Leadership Skills

Stakeholder Management

Risk Analysis

Perform Qualitative Risk Analysis

Perform Quantitative Risk Analysis

Risk Analysis Outputs

EMV Calculation

Identify Risks

Tools and Techniques for Identifying Risks

Contents of the Risk Register

Risk Register’s Update Cycle

SWOT Analysis

Force Field analysis

Root cause analysis

Flow chart

Risk Owner

Stakeholders Identification

Stakeholders Analysis

Stakeholders Analysis

Stakeholders Risk Tolerance level

Plan Risk Responses

Strategies for positive risk

Strategies for negative risk

Strategies for positive and negative risk

Change Management

Outsourcing the risk

Monitoring and controlling the risk

EVM for risk analysis

Risk Monitoring and Control

ASSESSMENT:

At the end of the course participants are prepared to take and pass the Certified Scrum Master Evaluation, which will be available online following the course. Participants have 90 days after completing the course to register for the evaluation. The evaluation takes approximately 60 minutes to complete and consists of a combination of multiple-choice and true/false questions. Participants will be required to demonstrate their understanding of key Scrum elements during the evaluation. The cost of the evaluation is included in the cost of the course.

Prerequisites

Participants are required to have a basic understanding of the principals of Scrum.